Charles Hoskinson: We’re close to deals that will bring millions of users to Cardano

IOG CEO Charles Hoskinson, who launched the nascent Cardano intelligent contracting platform (ADA), recently hinted to the community that the software development company is on the verge of closing deals that will bring millions of users to Cardano in 2021.

Hoskinson recently said this at the Blockchain Africa Conference. He also indicated that Cardano (ADA) will gain this tremendous notoriety through public and private partnerships.

Also read: Charles Hoskinson: 591 assets minted on Cardano in just 8 days in the multi-asset era

Charles Hoskinson noted:

“We’re on the cusp of deals and initiatives this year that will bring millions of users into the Cardano ecosystem through public-private partnerships.”

Progress recorded by Atala PRISM

The integration of Atala PRISM, a Cardano-based solution for digital identity management, in some African countries such as Nigeria, Ethiopia and Kenya is in progress.

Hoskinson described the platform’s use cases as follows:

“For a large group of people there will be a digital identity for the first time in their life, which can also be linked to wallets, which can also be linked to payment systems, which can also be linked to real estate and which are rich in metadata and others such things. “

Also Read: Investors See Alternative To BTC In Cardano (ADA) – eToros Resident Crypto Expert

Cardano’s focus on Africa

At the end of January 2021, Charles Hoskinson stated in an interview with Forkast.News that developing countries like Africa have been part of Cardano’s strategy since it was founded.

According to Hoskinson, cryptocurrencies are increasing among young Africans, indicating that the continent is ripe for decentralized finance (DeFi) due to its broken economy and underdeveloped banking system:

“How do you put on the Fortune 500? You do this by saying, “Hey, would you like to have access to the 100 million customers on my platform who now have money and want to consume your products?”

Also read: Cardano’s Twitter account, Charles Hoskinson, has been finalized

Sometimes IOG’s John O’Connor also stated in February 2021 that the company was in the final stages of sealing a major government contract in Africa:

“What I can say is that we are in the final stages of a major government contract that will involve several million users for real-world blockchain implementation on the platform.”

Follow us on Twitter, Facebook, Telegram and download our Android app

Comments are closed.